Notes:

Commercial banks' net income to yearly averaged equity.

Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. (Calculated from underlying bank-by-bank unconsolidated data from Bankscope)

Source Code: GFDD.EI.06

Suggested Citation:

World Bank,
Bank's Return on Equity for Brazil [DDEI06BRA156NWDB],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/DDEI06BRA156NWDB,
November 19, 2018.